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ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE

51 mins ago DieselGasoil Comments Off on ISRAMCO, INC. ENTERS INTO DEFINITIVE MERGER AGREEMENT; TRANSACTION WOULD RESULT IN COMPANY GOING PRIVATE
HOUSTON, TX, May 20, 2019 (GLOBE NEWSWIRE) — Isramco, Inc. (NASDAQ CM: ISRL) (the “Company,” “Isramco,” “we” or “our”) announced today that it has signed a definitive merger agreement with Naphtha Israel Petroleum Corporation Ltd. (“Naphtha”), Naphtha Holding Ltd. (“NHL”), I.O.C. – Israel Oil Company, LTD. (“IOC”) and Naphtha US Oil, Inc. (each a wholly Read More

Completion 2019 Share Repurchase Program

4 hours ago DieselGasoil Comments Off on Completion 2019 Share Repurchase Program
May 20, 2019 SBM Offshore reports that it has completed its EUR175 million share repurchase program. Between February 14, 2019 and May 20, 2019 a total of 10,422,259 common shares were repurchased, at an average price of EUR16.79 per share. Further detailed information regarding all individual transactions can be accessed via the Investor Relations Center Read More

U.S. District Court Confirms Arbitration Award in favor of Vantage Drilling and Denies Petrobras’s motion to Vacate the Award

10 hours ago DieselGasoil Comments Off on U.S. District Court Confirms Arbitration Award in favor of Vantage Drilling and Denies Petrobras’s motion to Vacate the Award
HOUSTON, May 20, 2019 (GLOBE NEWSWIRE) — Vantage Drilling International (“Vantage” or the “Company”) announced today that U.S. District Court Judge Alfred H. Bennett of the Southern District of Texas granted Vantage Deepwater Company’s and Vantage Deepwater Drilling, Inc.’s petition to confirm its international arbitration award against Petroleo Brasileiro S.A. (“Petrobras”) and its subsidiaries Petrobras Read More

Vestas secures 249 MW order from EDF Renewables

12 hours ago DieselGasoil Comments Off on Vestas secures 249 MW order from EDF Renewables
News release from Vestas-American Wind Technology Portland, 20 May 2019 Vestas has received an order for 249 MW of V120-2.2 MW turbines from EDF Renewables for the 273 MW Las Majadas wind project in Texas. The full project size includes previously purchased 2 MW Vestas PTC components. “The execution of the Las Majadas Turbine Supply Agreement Read More

TGS and PGS announce Torngat 3D offshore East Canada

17 hours ago DieselGasoil Comments Off on TGS and PGS announce Torngat 3D offshore East Canada
ASKER, NORWAY(17 May 2019) – TGS and PGS announce the Torngat 3D multi-client project in Offshore East Canada. Torngat 3D will cover approximately 3,287 km2 and encompasses sections of the open acreage included in the Labrador South November 2021 bid round. PGS’ Ramform Titan will perform the acquisition, utilizing Geostreamer® technology. The project is expected Read More

Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K

3 days ago DieselGasoil Comments Off on Alta Mesa Resources Provides Operational and Financial Update; Receives NASDAQ Notice Regarding Non-Compliance With Continued Listing Standards; Alta Mesa Holdings Files Form 10-K
HOUSTON, Texas, May 17, 2019 (GLOBE NEWSWIRE) — Alta Mesa Resources, Inc. (NASDAQ: AMR, “Alta Mesa” or the “Company”) today provided an operational and financial update for its subsidiaries Alta Mesa Holdings, LP (“Alta Mesa Upstream”) and Kingfisher Midstream, LLC (“Kingfisher Midstream”) and announced that Alta Mesa Upstream has filed its Annual Report on Form Read More

Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results

4 days ago DieselGasoil Comments Off on Sundance Energy Australia Limited Reports First Quarter 2019 Financial and Operational Results
DENVER, May 16, 2019 (GLOBE NEWSWIRE) — Sundance Energy Australia Limited (ASX: SEA) (NASDAQ: SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, reported its first quarter 2019 financial and operations results today. First Quarter 2019 Financial Results Highlights First quarter Read More

Saudi pipeline attack highlights risk to Middle East oil exports, as tensions rise

4 days ago DieselGasoil Comments Off on Saudi pipeline attack highlights risk to Middle East oil exports, as tensions rise
By Salma El Wardany on 5/16/2019 Pipeline attacks, stock photo. CAIRO (Bloomberg) — Saudi Arabia accused Iran of ordering this week’s attack on key oil facilities, stoking concerns that the world’s largest oil-producing region is edging toward another war. Crude prices rose. Prince Khalid Bin Salman, the vice minister for defense and brother of Saudi Read More

Elsevier supports the American Association of Petroleum Geologists’ 2019 Imperial Barrel Award program

4 days ago DieselGasoil Comments Off on Elsevier supports the American Association of Petroleum Geologists’ 2019 Imperial Barrel Award program
5/16/2019 NEW YORK — Elsevier, the global information analytics business specializing in science and Health, will be one of five Diamond Sponsors of the 2019 Imperial Barrel Award (IBA), an annual prospective basin evaluation competition for geoscience graduate students worldwide, jointly managed by the American Association of Petroleum Geologists (AAPG) and the AAPG Foundation. Through Read More

Twin Disc expands in Wisconsin with new facility

4 days ago DieselGasoil Comments Off on Twin Disc expands in Wisconsin with new facility
5/16/2019 RACINE, Wis. — Twin Disc, Inc., a global leader in power transmission technology for marine and land-based applications, is near completion of an expansion project in Wisconsin. The 39,000 ft2 North American Aftermarket Distribution Center offers three times the capacity of the current location, and provides dedicated aftermarket resources and shipping flexibility. It is Read More